Potato up 0.6% on pick-up in spot demand

Commodity for delivery in April also moved up by 0.46%

Potato prices moved up by Rs 7.20 to Rs 1,182 per quintal in futures trade today, on increased spot demand against restricted arrivals.

At the Multi Commodity Exchange, potato for delivery in March rose by Rs 7.20, or 0.61%, to Rs 1,182 per quintal, with trading volume of just five lots.

The potato for delivery in April also moved up by Rs 5.60, or 0.46% to Rs 1,204 per quintal with a trade volume of 36 lots.

Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.